Recorded 04-08-2013 Guest: Executive Officer Steve Blanton, San Mateo County Association of Realtors Bungalows in Belmont listing for $1 million. Daly City prices up 30% in 2 years. Bidding wars, cash offers. Yeah, peninsula real estate is red hot. What's driving a sharp rise in prices, and do the prices reflect solid value or are we headed for another bubble? Welcome to Peninsula Newsmakers.